Stantec selected to design hotel and residential tower in Chicago
The redevelopment project will spark downtown revitalization by introducing new mixed-uses in a repurposed landmark building
05/18/2023 CHICAGO, IL TSX, NYSE:STN
Prime/Capri Interests LLC, a joint venture of The Prime Group and Capri Investment Group, is bringing The Monroe Hotel and Club Residences to the Chicago Loop. Stantec, a global leader in sustainable design, is providing architecture and interior design services for the project, which will revitalize 740,000 square feet of space in the former BMO Harris Bank headquarters, a 24-story landmark located in the heart of the LaSalle Street Historic District.
The approximately $300 million project will include 345 apartments on its upper floors, of which 105 apartments will be set aside as affordable for tenants with income at an average of 60% of the area median. An approximately 300-room hotel will be located on the ground through 11th floors and feature a rooftop bar and swimming pool and a fine dining restaurant in the hotel lobby. Hotel guests will enter through the historic lobby, with the residential entry located adjacent to the hotel entrance.
“The Monroe Hotel and Club Residences will bring new life to a storied landmark, and Stantec is delighted to be part of this transformative project,” said Jesper Dalskov, residential market leader at Stantec. “Our design will maintain historic features of the existing buildings while bringing modern amenities for hotel guests and apartment residents to enjoy.”
A 60x70-foot atrium, 19 stories tall with a full-height feature wall, will allow for natural light to reach the new apartments and hotel rooms without altering street-facing facades. At the middle of the 24-story building, space will be dedicated to a world-class spa and fitness center with an indoor pool, exercise studios, and a golf simulator. The original Monroe Club will be reopened on the penthouse floor, and the former mechanical penthouse will become a lounge with an outdoor deck and pool.
The Stantec team is integrating innovative design and technology while maintaining the historic authenticity of the two towers comprising the project: the classical, original 1910 Harris Bank & Trust building and the mid-century modern 1958 stainless steel and glass addition.
Stantec is ranked among the top 10 architecture firms by Architectural Record, ENR, and Building Design + Construction. The firm has designed numerous residential and hotel projects across North America, including The LEX Chicago – South Loop Apartments and Hotel Zachary in Chicago; 100 Pier 4 Apartments and Envoy Hotel in Boston; Solitair Brickell luxury residential in Miami; and Virgin Hotels in New York City.
About Stantec
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Stantec, we always design with community in mind.
We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.
Stantec trades on the TSX and the NYSE under the symbol STN.
Media Contacts
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Stantec Media Relations
Ph (215) 665-7187
trevor.eckart@stantec.com
Shannon McCarthy
Stantec Media Relations
Ph (519) 585-7461
shannon.mccarthy@stantec.com
